Which of the Following Is a Result of the Promotion

question 46

Multiple Choice

Which of the following is a result of the promotion of health information technology (HIT) in the medical industry?

• A) decreased administrative efficiency
• B) expanding access to affordable care
• C) increased paperwork
• D) increased medical errors
• E) less improvement in health care quality

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Definitions:

Management Services

Professional services provided to a business by external or internal consultants focused on optimizing operational efficiency, strategy implementation, and overall organizational performance.

Accrued Fees

Fees that have been incurred but not yet paid, recognized in the financial statements according to the accrual basis of accounting.

Dividends Paid

The portion of a company's earnings distributed to its shareholders as a return on their investment.

Consolidation Adjustments

Journal entries made to eliminate the effects of intercompany transactions when preparing consolidated financial statements.